Gemma Lewis

3 weeks ago | moneywise.com | Gemma Lewis |Serah Louis

5. Work with an investing professional If you want to become a millionaire, you may spend a lot of time thinking or even fantasizing about reaching that seven-figure mark. But the above steps are often against our urge to spend, and the temptation to get sucked into comparison culture. Working with a trusted professional is a great way to avoid those traps. And according to Ramsey, it’s one of the smartest things you can do for your money.

3 weeks ago | moneywise.com | Eric Rosenberg |Sarah Li-Cain |Chris Clark |Gemma Lewis

Partners on this page provide us earnings. While we adhere to strict editorial guidelines, partners on this page may provide us earnings.

1 month ago | moneywise.com | Maurie Backman |Gemma Lewis |Jing Pan |Vishesh Raisinghani

Nothing is truly recession-proof, including stocks, but some sectors tend to be safer during economic downturns. Certain industries, like health care, consumer staples or defense stocks, historically perform better during recessions. If an investor wants to put money into stocks during a recession, focusing on these industries can be a viable strategy.

1 month ago | moneywise.com | Daniel Schoester |Sarah Li-Cain |Chris Clark |Gemma Lewis

Partners on this page provide us earnings. While we adhere to strict editorial guidelines, partners on this page may provide us earnings.

Dec 28, 2024 | moneywise.com | Gemma Lewis

The Wall Street Journal (WSJ) reported on this phenomenon in early December, highlighting that with home ownership now out of reach, the build-to-rent market...